Gold – Technical Analysis (H4)
Gold is teetering on the edge of a potential breakdown toward the psychological $4,000 zone. A pullback to the $4,425 area currently offers the most attractive selling opportunity before a sharper move lower.
Gold is sitting on the edge of a potential collapse in price that could extend all the way down to the psychological $4,000 zone. Given the size of the timeframe, such a scenario is likely to unfold over several trading days and will probably spill into the following trading week. The most attractive selling zone remains the previous swing high near $4,425.
Key Levels:
⬜ $4,425 – optimal sell zone / resistance
⬜ $4,000 – psychological support target
Primary Scenario:
Pullback higher toward $4,425, followed by a sharp reversal lower.
Alternative Scenario:
Consolidation around current levels.
Analyst Commentary:
A series of bearish patterns on lower timeframes (Over & Under, Head-and-Shoulders) also point to a high probability that the uptrend is coming to
Nikolai Krishtopov ialah Penganalisis Pasaran di Investizo dengan lebih 15 tahun pengalaman dalam industri pasaran kewangan dan lebih sedekad pengalaman berdagang. Bidang tumpuannya merangkumi pasaran forex dan kripto, analisis teknikal, dagangan intraday serta gelagat pasaran.